Talent management is the systematic attraction, identification, development, engagement, retention, and deployment of those individuals who are valuable to an organisation, because of their potential or the critical role they have. Essentially, it is the process of getting the right people in the right roles at the right time to achieve business success.

Effective talent management practices, especially when aligned to organisational strategies, can help create a high-performing workplace whilst also increasing productivity, promoting diversity, and providing growth and development opportunities. Effective talent management can also support a strong employer brand.

CIPD research highlights the importance of talent management. Organisations are facing increasing competition for talented individuals; many experience difficulties in attracting and recruiting candidates (especially for senior and highly skilled roles), and face challenges with employee retention. Effective talent management can help overcome these issues.

There is no single ‘best’ way to undertake talent management; organisations should consider their own context, goals and business needs to ensure that any chosen talent management approach taken works for them.

This guide provides advice on using an evidence-based, principles-led approach for talent management to help you develop a strategy that works for your organisation. The guide also links to tools at each stage of the process to help with the practical implementation of talent management practices.

To continue reading, log in or become a member

Affiliate membership offers instant access to CIPD resources without the need for assessments or study, or explore your options to become a professional member of the CIPD to demonstrate your commitment to the world of work.

  • Access to exclusive, up-to-date resources
  • Become part of a community to learn, debate and connect with other people professionals
  • Free access to a series of CIPD learning courses and a discount on the rest of our catalogue
  • Data

    Data hub

    Explore the evidence behind workforce trends

  • Tools

    Talent management tools

    Use our range of practical tools, including checklists and templates, to help you develop an effective talent management approach

  • Woman sitting at a laptop with notebooks
    Guide

    Learning and development for people professionals

    This guide provides a practical introduction to the role of an L&D function in an organisation. It offers support on the key steps to offering effective L&D, including creating a learning strategy, undertaking a learning needs analysis, designing learning interventions and measuring the impact of learning.

    For Members
  • All guides